Weekly Pandemic Revenue Index down 11.4 percent
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of June 22-26, 2020, indicated a 11.4 percent decrease compared with the same week a year ago.
IRCG’s distributor Pandemic Revenue Index gives distributors a weekly quantified view into how other distributors in the industry are faring as the global COVID-19 pandemic progresses.
The best word to describe the status of the index is “uncertain.”
“Where it goes from here is anyone’s guess, although macro signs point down with delays and even some reversals on relaxing pandemic-related restrictions,” said Mike Emerson, IRCG Partner. “There remains a fair amount of sales volatility among the distributors participating in the index.”
Find free resources for distributors on responding to the pandemic, including a cash flow modeling spreadsheet and instructional webinar, and a cost-reduction planning webinar, at IRCG’s website: ircg.com/stress-testing.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
